Business Update21 Aug 2026, 08:20 pm
Highway Infrastructure Bags ₹80.17 Cr Palayam Fee Plaza Work Order
AI Summary
Highway Infrastructure Ltd has secured a significant work order for the operation and collection of user fees at the Palayam Fee Plaza. This contract, valued at ₹80,16,99,930, is for the Krishnagiri to Thumbipadi section of NH-44 in Tamil Nadu. The order follows a previously announced Letter of Acceptance (LOA) and involves the engagement of a User Fee Collection Agency on an E-Quotation basis. The scope also includes the upkeep and maintenance of adjacent toilet blocks. The execution period for this contract is 90 days.
Key Highlights
- Secured ₹80.17 Cr work order for Palayam Fee Plaza operations.
- Contract involves user fee collection and toilet block maintenance.
- Execution timeline for the project is 90 days.
- Order awarded by National Highways Authority of India (NHAI).
- No promoter interest in the awarding entity.
Price Impact
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